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Forex Trend Analysis Report

Prepared for you on Tuesday, April 13, 2021.

Thai Baht/British Pound (FOREX:THBGBP)

Long-Term Downtrend (-90) - THBGBP is in a strong downtrend that is likely to continue. While THBGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid THBGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBGBP
Open High Low THBGBP Price Change
0.02307284 0.02310328 0.02303422 0.02310328 +0.00003000
Entry Signal

MarketClub’s Trade Triangles for THBGBP

long term down The long-term trend has been DOWN since Jan 12th, 2021 at 0.02443637

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2021 at 0.02443637

short term down The short-term trend has been DOWN since Apr 13th, 2021 at 0.02306546

Smart Scan Analysis for THBGBP

Based on our trend formula, THBGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02307284 0.02310328 0.02303422 0.02310328 +0.00003000
Prev. Close Volume Bid Ask Time
0.02307284 2021-04-13 15:35:58
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